Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
To share information, ideas and experience relating to all aspects of op-risk management and compliance with Basel II
The EU’s e-Privacy regulation, which is expected in 2019, is set to be the next major piece of legislation designed to protect the privacy and security of personal information. A step on from GDPR, e-...
One of the very few benefits of open outcry trading was the fact that traders could see everyone trading and the chances of rogue trading was easier to spot compared to today. Through a virtual pit
The shift towards specialist chatbots has highlighted how organisations are vulnerable to decision distortions and deceptions, with the way their people work deep within the organisation. This vulne...
Frugal Engineering is the science of breaking up complex engineering processes to reduce the complexity and cost of producing products, without compromising quality. One example of Frugal Engineering ...
Our work focuses on functional and nonfunctional testing, most of the business being in the market infrastructure space, exchanges and clearing. Three principles can help you to test even the most sop...
In a nutshell, the job that we do comes down to infiltrating large financial market infrastructures with specially designed tools to influence the outcome of the software development life cycle. We ha...
Enterprise Risk Management. Arguably the largest evolutionary change in risk management for financial institutions has been the elevation of the risk management function to a key role in firm manage
In 2008 the hubris of the financial sector that we serve finally caught up with itself. Mountains of consumer debt that had been packaged, re-sold and deferred turned out to be unserviceable and the ...
There has been a lot of hand wringing over the CME Group’s amendments to Rule 553 (“Average Price System”), and for good reason. It’s no easy task for clearing firms, or their clients, to systematica...
Recently one news article caught my attention and reminded me of an exceptional experience of my trading days. A German bank accidentally transferred more than 5 billion euros to four other banks du
Artificial Intelligence (AI) is a discipline that has been revived. In the 1980s Artificial Intelligence and Expert systems were very fashionable and the British Computer Society had an Expert Systems...
As a regular writer of articles and of course blogs, the issue of publishing material that is never overtly offensive, is of course always uppermost in mind. There should always be self discipline in ...